Money Advice Service is there to help. If you're struggling to pay your car finance or you want hints and tips to generally cut costs, they've outlined ways to help and the costs and conditions associated.
If you're paying monthly or every 6 months, you might be experiencing a 5% surge charge. Visit the gov.website to find out how a yearly direct debit could save you money and time.
There are many things to consider when buying a car, so it's important you choose the right option for you. Here are some finance options and what to consider when deciding how to pay for your new or used car.
To apply for a loan you must be, 18+ and a resident with a Ednites Credit Union current account (held for 3+ months).
You could borrow between £7,500 and £19,950 at our rate of Representative 3.4% APR.
Apply online or via our app and get a decision in minutes, along with a personalised rate depending on your circumstances and how much you want to borrow.
Other loan amounts are available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR.
With the government bringing the ban on sales of petrol and diesel cars forward to 2030, it could be time to make the switch to an electric vehicle. We've teamed up with Octopus Energy to make the switch easier, and cheaper, for you.
Ednites Credit Union receives a fee from Octopus Energy for customers it introduces to them that subsequently purchase products or services from Octopus Energy, although this fee will be passed onto you as a discount.
Get a discounted rate and further £50 off on us when you purchase an electric vehicle home charge point from Octopus Energy.
To participate, you will need to sign up as a CoGo customer (including agreeing to CoGo’s Terms and Conditions) and connecting yourEdnites Credit Union accounts. You’ll need to be 18+, have a Ednites Credit Union debit or credit card and use the Ednites Credit Union Mobile App.
